Bharat Road Network Ltd. (BRNL) AI Stock Analysis

• Market Cap: ₹1.61B
• Dividend Yield: N/A
• Average Volume (3M): 13.47K
• Price to Earnings (P/E): 2.6
• Beta (1Y): 1.28
• Revenue Growth: -57.13%
• EPS Growth: N/A
• Country: IN
• Employees: 166
• Sector: Services
• Sector Strength: N/A
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 2.19
• Shares Outstanding: 83,950,000
• 10 Day Avg. Volume: 18,106
• 30 Day Avg. Volume: 13,469
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.96
• P/FCF Ratio: 10.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: ₹20.00 ▼(-9.26% Downside)
• Action: Reiterated Date: 03/19/26
• Date: Action: Reiterated 03/19/26

The score is primarily held back by weak financial stability (high leverage and inconsistent revenue/profitability) and bearish technical momentum (negative MACD and below long-term moving averages). A very low P/E provides some support, but it is not enough to offset the fundamental and technical risks.

Positive Factors

Operating cash flow resilience

Consistent operating cash flow generation and recent positive free cash flow growth indicate the business can fund operations and service obligations internally. Durable OCF supports working capital, debt servicing and selective reinvestment, providing medium-term financial stability despite revenue swings.

Negative Factors

High leverage

A high debt-to-equity ratio raises interest and refinancing risk and constrains strategic choices. Heavy leverage increases sensitivity to cash-flow variation, limits capital expenditure capacity, and can force equity/asset sales or costly refinancing if operating performance falters over the next several months.

Bharat Road Network Ltd. Business Overview & Revenue Model

Company Description

Bharat Road Network Limited designs, develops, builds, owns, operates, and transfers road and related services in India. It offers financial and concession management, tolling operations and highway management, and financial and project management...

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Bharat Road Network Limited designs, develops, builds, owns, operates, and transfers road and related services in India. It offers financial and concession management, tolling operations and highway management, and financial and project management...

How the Company Makes Money

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Bharat Road Network Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.58B	2.74B	3.80B	3.26B	2.16B	2.10B
Gross Profit	984.15M	1.27B	2.88B	636.95M	1.39B	1.80B
EBITDA	2.47B	2.62B	1.49B	269.31M	-452.03M	822.61M
Net Income	1.79B	1.41B	-1.12B	-2.10B	-3.76B	-1.14B
Balance Sheet
Total Assets	16.07B	14.35B	27.34B	27.06B	28.46B	31.43B
Cash, Cash Equivalents and Short-Term Investments	7.52B	2.23B	2.76B	2.22B	609.29M	1.35B
Total Debt	4.34B	4.34B	13.28B	14.13B	14.92B	15.39B
Total Liabilities	10.45B	10.12B	24.48B	23.07B	22.44B	21.51B
Stockholders Equity	4.13B	3.31B	1.90B	3.02B	5.09B	8.86B
Cash Flow
Free Cash Flow	-681.98M	246.94M	2.60B	2.51B	-63.20M	512.67M
Operating Cash Flow	-612.51M	768.53M	3.65B	2.59B	219.49M	512.67M
Investing Cash Flow	1.08B	-518.32M	-2.08B	807.52M	1.96B	1.68B
Financing Cash Flow	0.00	-620.46M	-2.14B	-2.50B	-2.33B	-1.99B

Bharat Road Network Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 22.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BRNL, the sentiment is Neutral. The current price of 22.04 is above the 20-day moving average (MA) of 18.62, above the 50-day MA of 19.77, and above the 200-day MA of 21.52, indicating a neutral trend. The MACD of -0.32 indicates Negative momentum. The RSI at 50.76 is Neutral, neither overbought nor oversold. The STOCH value of 41.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BRNL.

Bharat Road Network Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INDBANK	71 Outperform	₹1.40B	20.15	―	―	-18.35%	-43.75%
RPPINFRA	57 Neutral	₹3.18B	186.32	―	0.47%	-7.32%	-26.92%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BRNL	47 Neutral	₹1.61B	2.58	―	―	-57.13%	―
SADBHAV	46 Neutral	₹1.40B	-0.64	―	―	―	―

Bharat Road Network Ltd. Corporate Events